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To: H James Morris who wrote (150001)11/12/2002 10:33:40 AM
From: zonder  Read Replies (1) | Respond to of 164684
 
Well, everything has a price, though. And you must agree that some things are expensive sometimes :)

>>You'll only know what a stock is worth until you sell it.

I am not sure that I follow you there.

>>Who does CORV compete with and how are their competitors doing?

CORV is a telecom equipment company. Specifically, it does optical networking, with special concentration on the new DWDM technology that allows multiple frequencies on a single optical fiber.

As you might imagine, all it's competitors are suffering bad - Nortel, Lucent, Ciena, etc - because telecoms ain't spending.

Anyway, I am not invested in CORV, just like I am not invested in anything at this point. I am waiting for the market to come down some more and then I am investing in entertainment software (i.e. video games) and nothing else. I suggested CORV to you because I saw that a cash reserve was important for you and this company has twice its market cap in cash. If you believe the telecom market will turn next year, consider buying CORV.



To: H James Morris who wrote (150001)11/12/2002 11:03:28 PM
From: Victor Lazlo  Respond to of 164684
 
There remains massive overcapacity and lack of enthusiastic customers in the CORV space.

Not exactly a recipe for an increasing mkt cap. <gg>